Disclaimer FORWARD LOOKING INFORMATION: This presentation contains certain forward-looking statements relating, but not limited, to DEEP Earth Energy

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<ul><li>Slide 1</li></ul> <p> Slide 2 Disclaimer FORWARD LOOKING INFORMATION: This presentation contains certain forward-looking statements relating, but not limited, to DEEP Earth Energy Production Corp.s expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward looking words such as anticipate, believe, expect, goal, plan, intent, estimate, may and will or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reserve and resource estimates, estimates of future production, costs of capital projects and timing of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the recovery of resources varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results. Shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. DEEP Earth Energy Production Corp. undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law. This caution is provided in accordance with the requirements of Parts 4A and 4B of National Instrument 51-102 Continuous Disclosure Obligations, respecting disclosure of forward looking information. STATUORY RIGHTS OF INVESTORS: Securities legislation in certain of the provinces and territories of Canada provides purchasers with the right to withdraw from an agreement to purchase securities. The right may be exercised within two business days after receipt or deemed receipt of a prospectus, offering memorandum or any amendment thereto. In several of the provinces, securities legislation further provides a purchaser with remedies for rescission or, in some jurisdictions, revisions of the price or damages if the offering document, or any amendment thereto, contains a misrepresentation or is not delivered to the purchaser, provided that such remedies for rescission, revision of the price or damages are exercised by the purchaser within the time limit prescribed by the securities legislation of the purchaser's province or territory. The purchaser should refer to any applicable provisions of the securities legislation of the purchaser's province or territory for the particulars of these rights or consult with a legal advisor. Slide 3 DEEP Earth Energy Production Corp. While traditional non-renewable energy resources are finite, and traditional renewable resources have inconsistent power outputs, Geothermal resources produce in perpetuity with constant base load power 3 Slide 4 Highlights Low risk geology: - vast sedimentary reservoir over 100s of square miles - Initial temperature and porosity/permeability data already available from existing well data Small repeatable 4-5 MW projects in and area with the potential for 100s of MW of baseload electrical production Extremely environmentally friendly no carbon emmissions, silent, small surface footprint, inexhaustibe heat resource Off the shelf turbine and drilling technology mature and reliable Profitable under SaskPowers current Green Options Partners Program pricing project selected in SaskPowers 2011 lottery 4 Slide 5 DEEP Earth Energy Production Corp. Financings: 1. Current - Up to $1.5 million @ $0.20/share Proceeds used for further exploration on our project (drill hole optimization, land acquisitions, and Project Manager hire, and general corporate expenses) 2. October Up to $10M A Second financing to be completed this fall in conjunction with a public listing Proceeds for completing 2 wells to a depth of ~3000 metres in the Williston Basin, additional land acquisitions and general corporate expenses 5 Slide 6 Mission, Vision and Strategy: Mission: Developing geothermal resources to meet increasing energy needs with secure, clean and renewable energy Vision: To be the first Saskatchewan geothermal power producer by understanding that geothermal energy is: 1.Sustainable- a perpetual natural energy source 2.GREEN - zero carbon-based fuel consumption 3.Profitable - Can be the lowest cost of alternative power generation Strategy: Develop a portfolio of projects to reduce drilling risk and high front-end capital risk 6 Slide 7 Geothermal Worldwide Global installed geothermal power is 10,700 MW, in 24 countries, supplying 60 million people with renewable energy Overall potential global geothermal power capacity is 190,000 MW 7 Source: Islandbanki United States Geothermal Energy Market Report Mature technology Slide 8 Geothermal Power Heat is recovered from water recycling through the system and converted to electricity Continuous heat supply means that with proper engineering geothermal systems can run indefinitely The ultimate renewable resource! 8 Slide 9 Geothermal power plants provide constant, baseload power as compared to wind or solar alternatives Silent Small project footprint - almost invisible on the prairie landscape Low CO2 emissions Geothermal advantages 9 Slide 10 10 Sources: (1) Net Capacity Factor (%) averages for selected renewables, Glitnir Research Power Availability (%) Geothermal runs almost all the time!! Baseload power generation Base-Load Geothermal v s. Other Renewables Source: Islandbanki United States Geothermal Energy Market Report Slide 11 11 Geothermal v s. Other Renewables Source: (1) NREL, AWEA and Glitnir Research. For biomass, the land use is tremendous and particular critical as it can be of influence to the food sector. It also has to be mentioned, that Solar PV could use space on roofs and walls and therefore not be a huge limitation. (2) Navigant Consulting, Presentation, at: http://www1.eere.energy.gov/femp/pdfs/rewg_navigant.pdfhttp://www1.eere.energy.gov/femp/pdfs/rewg_navigant.pdf Small surface foot print housed in typical farm sized sheds Virtually silent Land Use In acres/ 1 billion kWh 01,0002,0003,0004,0005,000 Wind Geothermal Coal Solar concentrating Solar PV Source: Islandbanki United States Geothermal Energy Market Report Slide 12 Land Acquisition 1.DEEP has received a Lease of Space agreement from the Saskatchewan Ministry of Energy and Resources on an initial project area on approximately 9 sections of land near Estevan, Saskatchewan. The project area is located in Southeast Saskatchewan, west of Estevan, and totals 2,395.74 hectares (5,920 acres). 2.Pursuing partnerships with existing Petroleum and Natural Gas lease holders which can provide access to substantial reserves, possibly improving drill rig availability, and possible cost savings 3.Freehold rights agreements/consents are being pursued which may also include agreements on possible oil and gas discoveries 12 Slide 13 Land Acquisition 13 Slide 14 Positive Resource Report 14 Borealis Geopower Inc. prepared an independent technical report to ascertain the geologic and economic possibility of developing the geothermal resource for heat and electricity production in DEEPs project area The document was prepared in accordance with the Canadian Geothermal Code for Public Reporting, produced by the Canadian Geothermal Energy Association Conclusion: the analysis suggests that small geothermal ( Summary: Low risk geology huge sedimentary aquifer No major exploration costs public data from oil and gas drilling exploration Low initial capital expenditure Scalable and Repeatable Projects 100s of megawatts potentially available - baseload No carbon emissions Silent and minimal environmental footprint Inexhaustible resource heat from the earths core Mature and reliable technology Possible &gt;20% IRR - in perpetuity 20 Slide 21 Additional Potential What ifs Leveraged financing More efficient turbines Government funding SRED, etc. Resource is better than anticipated hotter and better flow rates Oil and gas discovery Lithium discovery Industrial application or carbon sequestrian program Improved power purchase agreement 21 Slide 22 Capital Structure CURRENT CAPITAL STRUCTURE: Shares (13.2% insider owned)9,625,000 Options (10%) Issued: 675,000 Open: (287,500) Founders Warrants (9%) 900,000 Fully diluted 11,487,500 Net working capital (Q4) ~$600,000 Debt nil 22 Slide 23 Directors &amp; Management Kirsten Marcia, P.Geo.: President, CEO &amp; Director Former Vice President of Exploration for Wescan Goldfields Inc., 13 years of mining exploration experience Steve Halabura, P.Geo., F.E.C. (Hon.): Director &amp; Non-Executive Board Chair President and CEO, Concept Forge Inc., Partner HCF Mercantile Inc. Al Zack: CFO, Director Principal and COO of HCF Mercantile, former President and CEO PrimeWest Mortgage Mark Andreas, EIT: COO Geological Engineer, North Rim Exploration Ltd. Rob Theoret, B.Comm., CIM: Director Principal and President/CEO of HCF Mercantile Inc., Director and CFO of Admiralty Oils Ltd. Jeffrey Green: Director Managing Partner, Jovian Asset Management Inc. Jamie McIntyre: Government and Environmental Technical Advisor 20 years in the mining and nuclear energy business and former Cameco VP Tim Galbreath: Land Advisor 26 years in Petroleum Land Management, currently Land Man to Equal Energy, and Director of Rallyemont Energy Inc., Allstar Energy Ltd., and Admiralty Oils Ltd Legal Counsel: William A. Nickel - McDougal Gauley LLP Dan Anderson - MLT 23 Slide 24 Thank you! 1103 Tower at Midtown 201 - 1st Avenue South Saskatoon, SK S7K 1J5 www.deepcorp.ca </p>